HORESTCO Industries (M) Sdn. Bhd.
At HORESTCO, furniture is crafted by hands that understand materials, design, and longevity. Our team of experienced professionals — carpenters, welders, weavers, and finishing specialists — meticulously construct each piece to ensure superior performance and enduring beauty.
IKEA Under Siege in the Global Furniture War with Amazon, Temu and Online Marketplaces
Once a near-unbeatable force in home goods, IKEA is confronting slowing growth, cost headwinds and a new landscape where consumers demand low prices, convenience and fast delivery. To respond, the Swedish giant is overhauling its strategy, expanding formats, and embracing digital and omnichannel retail as it fights to retain relevance in a marketplace dominated by digital giants like Amazon and Temu.
Malaysian Furniture Manufacturer HORESTCO Strengthens Global Hospitality Solutions with Quality Craftsmanship and Custom Production
HORESTCO, based in Shah Alam and supported by a major production facility in Jepara, Indonesia, manufactures premium wooden, rattan, synthetic wicker, and stainless steel furniture tailored to the hospitality and residential markets. The company emphasizes craftsmanship, competitive pricing, and customer-centric customization across diverse global projects.
Malaysia’s Furniture Industry Sees Limited Relief Despite US Tariff Delay
The U.S. postponed planned tariff increases on upholstered furniture, kitchen cabinets, and bathroom vanities, keeping duties at 25% for now, but Malaysian furniture exporters say the delay does little to boost competitiveness or counter rising domestic production costs.
Carpets & Rugs Industry Special Report
The global carpets and rugs industry continues to expand, driven by residential growth, commercial demand, sustainability, and design innovation. This special report explores market size insights, regional trends across ASEAN, the Middle East, and Europe, and a comprehensive buyer and B2B trade guide for industry stakeholders.
IKEA to Close Seven Stores in China as It Shifts Retail Strategy Amid Property Market Slump
Swedish home furnishings giant IKEA will shut seven of its offline stores across China amid weak consumer spending and a persistent property crisis. The move reflects a strategic pivot from large-format expansion to targeted market cultivation, including plans to open over ten small-format stores in key urban centers over the next two years.
Furniture Renting — Flexibility Over Ownership
Furniture renting allows individuals and businesses to use furniture for a defined period without purchasing it outright. Customers pay a monthly or contract-based fee and can upgrade, swap, return, or extend usage as their needs change.
Kitchen Cabinets & Wardrobes — Trends, Materials, Market Growth, and Design Innovations Shaping Home Interiors in 2026
Kitchen cabinets and wardrobes — once purely functional fixtures — are now at the forefront of interior design trends. With increasing emphasis on customization, sustainability, smart technology integration, and flexible storage solutions, the global market for these essential home furnishings is experiencing sustained growth and evolving consumer expectations in 2026.
Russian Drone and Guided Bomb Attack Damages JYSK Furniture Store in Zaporizhzhia During Major Assault on City
Russian forces targeted a JYSK furniture store in Zaporizhzhia with drones and guided bombs overnight on 1–2 January, damaging the roof, igniting a fire and destroying inventory. No employees were reported injured, and the retailer plans to assess repairs and reopen later this winter.
Majesteak Furniture Malaysia — Crafting Quality Teak Furniture for Homes & Businesses with Sustainable Excellence
Majesteak Furniture, an established online teak furniture supplier in Malaysia, emphasizes high-quality craftsmanship, sustainable materials, and customer satisfaction in delivering premium indoor and outdoor pieces for residential and commercial spaces. From design and manufacturing to delivery and installation, Majesteak aims to provide an unforgettable furniture experience.
